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A savings account for under 18s that encourages children to save, rewarding regular savers with bonus interest. Plus, link your child’s account to your own CommBank app where you can check their balance and monitor transactions.

Children can set a savings goal and move pocket money earned from chores/jobs into their Youthsaver account in the CommBank Youth app.

We can help

1 There are no fees for using your Netbank Saver but fees may apply to your linked Commonwealth Bank transaction account. Term deposits have no set up or establishment fee, but if you seek prepayment of your term deposit prior to its maturity date, you must give 31 days’ notice and may incur an interest adjustment and be charged an administration fee.